Better Business Bureau of North Alabama

EIN: 630499472

Huntsville, AL

Total Revenue
$1,322,008
Total Expenses
$1,258,642
Total Assets
$839,206
Net Assets
$681,105
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
AL
Principal Officer
Karen Reeves
Phone
2565331640
Tax Period
2024-01-01 to 2024-12-31

Better Business Bureau of North Alabama, founded in 1979, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2019. Expenses of $1.3M left a modest 5% surplus.

Mission

Promote goodwill to members, settle disputes between members and businesses and advance market place trust.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,163,344
Program Service Revenue $136,035
Investment Income $22,629
Other Revenue $0
TOTAL REVENUE $1,322,008

Expense Breakdown

Grants Paid $0
Salaries & Benefits $758,760
Fundraising Expenses $82,728
Program Expenses $1,095,180
Other Expenses $499,882
TOTAL EXPENSES $1,258,642

Year-over-Year Comparison

2024 2023 Change
Revenue $1,322,008 $1,294,696 +0.0%
Expenses $1,258,642 $1,329,531 -0.1%
Net Income $63,366 $-34,835 -2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
22
Employees
15
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$0
Total Directors
22
$0
Key Employees
1
$75,661
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karen Reeves Executive Director 40.00
Key Emp
$75,661 $0 $75,661
Taylor Simmons Board Chair 4.00
Officer Director
$0 $0 $0
Wayne Sisco Immediate Past Chair 4.00
Officer Director
$0 $0 $0
Sean Leopard Chair Elect 4.00
Officer Director
$0 $0 $0
Jonathan Dunwoody Secretary 4.00
Officer Director
$0 $0 $0
Gena Hamilton Treasurer 4.00
Officer Director
$0 $0 $0
Alex Adams Member 4.00
Officer Director
$0 $0 $0
Delores Baker Member 4.00
Officer Director
$0 $0 $0
Kris Brown Member 2.00
Director
$0 $0 $0
Terri Dean Member 2.00
Director
$0 $0 $0
Lourdes Feria Member 2.00
Director
$0 $0 $0
Scott Gillies Member 2.00
Director
$0 $0 $0
Griffin Goodwin Member 2.00
Director
$0 $0 $0
Keith Jackson Member 2.00
Director
$0 $0 $0
Jim King Member 2.00
Director
$0 $0 $0
Maria Mares Member 2.00
Director
$0 $0 $0
Jonah Mayhall Member 2.00
Director
$0 $0 $0
Dee Musselman Shoals Chair 2.00
Director
$0 $0 $0
Brent Paris Member 2.00
Director
$0 $0 $0
Mike Pepple Decatur Cullman Chair 2.00
Director
$0 $0 $0
Lee Reaviel Member 2.00
Director
$0 $0 $0
Janet Toone Member 2.00
Director
$0 $0 $0
Cindi Walz Member 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,322,008 $1,258,642 $839,206 $63,366
2023 $1,294,696 $1,329,531 $783,734 $-34,835
2022 $1,328,455 $1,274,810 $892,559 $53,645
2021 $1,414,955 $1,226,869 $737,459 $188,086
2020 $1,317,844 $1,258,435 $584,936 $59,409
2019 $1,349,938 $1,279,466 $474,622 $70,472
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